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View Full Version : Dow Plunges Again

sylph16
10-15-2008, 08:39 PM
The yo-yo continues...



http://money.cnn.com/2008/10/15/markets/markets_newyork/index.htm?postversion=2008101510
sprocket
10-15-2008, 09:33 PM
You've only got a yo-yo as long as the string doesn't break :)

Also, there no longer seems to be any meaningful correlation between the major currency pairs. The only 'constant' that I can fathom seems to be the Japan Central Bank's 'interventions' which is maintaining the USD value relative to the Yen - the other majors are all over the place! Watch out (below) if/when the JCB decides that this is just throwing good money after bad...
sylph16
10-15-2008, 09:44 PM
Well said Sprocket!
Orion11
10-15-2008, 09:57 PM
woohoo!

that yo yo string is about to break to!!

:D
Oneworld_onemind
10-15-2008, 10:01 PM
check this site..

http://www.dollarcollapse.com/

news updated throught the day and not filtered by CNN etc..